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Nonprofit · EIN 81-2774889

ATLANTA DREAM ACADEMY

Tax-exempt · COLLEGE PARK, GA 30337

Financials

$4.5M$7M2023$3.6M$4.6M2024
Revenue Expenses · by fiscal year end
Financials of ATLANTA DREAM ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,637,748$4,631,245-$993,497$13,682,955$16,133,538-$2,450,583
June 30, 2024990$4,499,542$6,973,554-$2,474,012$15,332,294$16,789,380-$1,457,086
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$597,274
of which government grants
$597,274
Program service revenue
$3,040,474
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$3,839,699
Management and general (functional)
$791,546

Balance sheet and other

Total assets, start of year
$15,332,294
Total assets, end of year
$13,682,955
Total liabilities, end of year
$16,133,538
Net assets, end of year
-$2,450,583
Land, buildings and equipment
$11,314,478
Net assets without donor restrictions
-$2,450,583
Gross receipts
$3,637,748
Employees
40
Year formed
2016
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ALAINA CHIPMAN-LEEKSEXECUTIVE DIRECTOR
Trustee or director, Officer
40$201,500
BREANA BROWNDIRECTOR OF ACADEMICS
Highest-paid employee
40$116,150
SHARLENA CARSONDIRECTOR OF COMPLIANCE
Highest-paid employee
40$116,150
AUDREY WILLIAMSONSECRETARY VICE CHAIR
Trustee or director, Officer
0$0
JANELLE FUNDERBURKBOARD MEMBER
Trustee or director
0$0
SHERIDA MABONCHAIR
Trustee or director, Officer
0$0
TRAVIS JONESBOARD MEMBER
Trustee or director
0$0
TERREL THOMASBOARD MEMBER
Trustee or director
0$0
KASON WHITEBOARD MEMBER
Trustee or director
0$0
DANIEL FARRBOARD MEMBER
Trustee or director
0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
ALAINA CHIPMAN LEEKSEXECUTIVE DIRECTOR
Trustee or director, Key employee
40$184,250
BARRY WILLIAMSDIRECTOR
Highest-paid employee
40$176,000
TERREL THOMASBOARD MEMBER
Trustee or director
0$0
KASON WHITEBOARD MEMBER
Trustee or director
0$0
DANIEL FARRBOARD MEMBER
Trustee or director
0$0
TRAVIS JONESBOARD MEMBER
Trustee or director
0$0
JANELLE FUNDERBURKBOARD MEMBER
Trustee or director
0$0
SHERIDA MABONCHAIR
Trustee or director, Officer
0$0
AUDREY WILLIAMSONSECRETARY VICE CHAIR
Trustee or director, Officer
0$0
ERIC WELLSTREASURER
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
1743 HARDIN AVE, COLLEGE PARK, GA 30337-2059
In care of
% SHERIDA MABON
Mailing address (990-N for 2018)
2145 Collins Dr, Dallas GA 30318
Principal officer (990-N for 2018)
Alaina Chipman-Leeks, 2275 Marietta Blvd NW Ste 270-378, Atlanta GA 30318
Signed the 990
SHERIDA MABON, CHAIR
Phone
(404) 579-0247
Return prepared by
BAMBO SONAIKE CPA LLC

Mission

OPERATION OF A CHARTER SCHOOL.

990 for the year ended June 30, 2025

Program accomplishments

  • OPERATION OF A CHARTER SCHOOL.
    Expenses $3,839,699

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
81-2774889
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$13,682,955
Income (IRS master file)
$3,637,748

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,637,748$4,631,245$13,682,955IRS
990June 2024$4,499,542$6,973,554$15,332,294XML
990June 2023$5,828,862$6,398,992$4,958,767IRS
990June 2022–––IRS
990December 2020–––IRS
990-N for 2018
Officer: Alaina Chipman-Leeks
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-2774889).

Questions about ATLANTA DREAM ACADEMY

What is the EIN of ATLANTA DREAM ACADEMY?
The employer identification number (EIN) of ATLANTA DREAM ACADEMY is 81-2774889.
Is ATLANTA DREAM ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to ATLANTA DREAM ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ATLANTA DREAM ACADEMY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ATLANTA DREAM ACADEMY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ATLANTA DREAM ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ATLANTA DREAM ACADEMY?
The 990-N for 2018 names Alaina Chipman-Leeks.
Who are the officers and directors of ATLANTA DREAM ACADEMY?
The 990 for the year ended June 30, 2025 lists 10 people; 3 received compensation from the organization, the highest $201,500 (ALAINA CHIPMAN-LEEKS, EXECUTIVE DIRECTOR).
How much revenue does ATLANTA DREAM ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,637,748, expenses of $4,631,245 and total assets of $13,682,955 at year end.

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